Refer to the Simon Company information in Exercise 13-6. The company's income statements for the years ended December 31, 2015 and 2014, follow. Assume that all sales are on credit and then compute:
(1) Days' sales uncollected,
(2) Accounts receivable turnover,
(3) Inventory turnover, and
(4) Days' sales in inventory.
Comment on the changes in the ratios from 2014 to 2015. (Round amounts to one decimal.)

In Exercise 13-6

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For Year Ended December 3 2015 2014 Sales Cost of goods sold Other operating expenses Interest expense Income taxes Total costs and expenses Net income Earnings per share $673,500 $532,000 .$411,225 . 209,550 12,100 9,525 $345,500 134,980 13,300 8,845 502,625 642,400 31,100 $1.90 $_3 $29.375 $ 180 At December 31 2015 2014 2013 Assets Accounts recelvable, net. Merchandise Inventory Prepald expenses Plant assets, net Total assets $ 31,800 35,625 $ 37,800 50,200 54,000 5,000 278,500 255.000 230.500 $523,000 $445,000 $377,500 89,500 62,500 1 12,500 82,500 9,375 0,700 Liabilities and Equity Accounts payable Long-term notes payable secured by $129,900 75,250 51,250 mortgages on plant assets Common stock, $10 par value Retalned earnings Total llabilitles and equity 98,500 101,500 83,500 63,500 163,500 63,500 131,100 104.750 79,230 79,250 $523,000 $445,000 $377,500